LG’s OLED TV shipments double in 2021

Top seller: An employee (right) assists customers looking at LG Electronics’ OLED televisions in Seoul. The global OLED TV market is led by LG with a market share of 62%. — Bloomberg

SEOUL: LG Electronics Inc shipped more than four million units of premium organic light emitting diode (OLED) TVs last year, double the volume from a year earlier, on steady demand for premium TVs, a report showed yesterday.

The South Korean consumer electronics giant shipped a total of 4.04 million OLED TVs last year, with record quarterly sales of more than 1.41 million units in the fourth quarter, market researcher Omdia said.